India's Apollo Micro Systems hits record high on order win from DRDO
22/08/2025 08:33
** Shares of Apollo Micro Systems APLL.NS rise as much as 17% to a record high of 240.40 rupees ** Defence co declared lowest bidder for orders worth 251.2 million rupees ($2.9 million) from Defence Research and Development Organisation (DRDO) and other public sector companies ** More than 61 million shares traded, 12.5 times their 30-day avg ** Stock set to rise for a sixth straight session, gaining 26.5% in the period ** APLL has jumped 104% so far in 2025 ($1 = 87.4350 Indian rupees) (Reporting by Nishit Navin in Bengaluru) ((nishit.navin@thomsonreuters.com))
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